Qwee Parker
Student loans factored into DTI?
24 November 2024 | 2 replies
If a student loan is in repayment, or scheduled to begin within 12 months from the date of VA loan closing, the lender must consider the anticipated monthly obligation in the loan analysis and utilize the payment established by calculating each loan at a rate of five percent of the outstanding balance divided by 12 months.
Brandon Morgan
payment methods for tenants
28 November 2024 | 15 replies
ACH transfers are free, but if a tenant wants to pay with a credit card they will get charged a fee.
Ibrahim Mawri
Seeking Advice on Buying Multiple Units in a Multi-Tenant Industrial Condo Property
23 November 2024 | 3 replies
I’m considering purchasing five units in an eight-unit light industrial property structured as a condominium.
Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
A post on the official Norada Capital Management website from 2022 (attached screenshots in addendum), boldly states the following:“Norada Capital Management offers investors opportunities to invest in Promissory Notes with fixed rates of return ranging from 12% up to 17.5% per year,” ( Link ).In explaining the use of proceeds from the promissory notes—specifically the entities Norada Capital Management, a private equity firm, supposedly lends to in order to generate these high annual rates, the company states that:“Three of those five categories that our company invests in as a private equity firm include e-commerce-based businesses very lucrative area, especially if you’re in the right area of e-commerce.
Jay Hinrichs
MF owners how are you going to keep tenants with EV's
28 November 2024 | 22 replies
Supercharger system is far and away best system out there.. there is no POS charge system its on your credit card and automatically billed.. my first 3 Teslas were grandfathered in and I NEVER paid to charge however all the early buyers still get the free charging.
Jamie Banks
Turning A Primary Home Into A Midterm Rental
26 November 2024 | 11 replies
I would likely use the equity to purchase more real estate so I might just 1031 into a new propertyCaveat: I am not a CPA, tax professional, lawyer, IRS afficianado or other expert in taxes, but...If you have lived in the property for two of the last five years, you should be able to capture that $100k in appreciation without needing to go through the hassles of a 1031 exhange.
Jonathan Chan
Looking to Connect with Private Money Lenders
26 November 2024 | 10 replies
“WOKE comes to Hardmoney Resi trans loans LOL”Indeed, @Jay Hinrichs.Hard Money is derogatory.Private Money is deceptive.No one knows what a Bridge Loan is.Now we do Residential Transition Loans.I’m afraid we will run out of space on our business card
Matthew Holden
SDIRA -- Friendly Banks Offering Interest
26 November 2024 | 6 replies
Also gave me a debit card, not that I plan on using it.
Dongzi Wu
Outstanding Real Estate Solutions Scam (ORES)
28 November 2024 | 184 replies
She played the Jesus card up big time.
Pamela M.
Tenant vacates property before december 1 without notice. Lease is till August 2025
5 December 2024 | 34 replies
Send them thank you and Christmas card for leaving.